Expansion of New Businesses and Products and Creation of Group Synergies
First written in FY2017-Q1. 11 of 17 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2026.
5 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Based on our medium- to long-term objectives, we will actively develop the rubber and resin business, EV-related products, nanomaterials, technologies that support the future, and automotive exteriors and related equipment as priority areas.」
The priority areas in frontier fields are organized as rubber and resin, EV-related products, nanomaterials, future creation, and automotive exteriors and related equipment, with proactive development continuing. - 2026-06-01AdvancedGeneral Meetings of Shareholders
「In addition, we were selected for Tokyo Cross Lab, an open-innovation program organized by the Tokyo Metropolitan Government, and are pursuing co-creation through matching with startups.」
The Company identified a new specific initiative to pursue co-creation with startups. - FY2025AdvancedAnnual report
「Based on our medium- to long-term objectives, we will actively develop the rubber and resin business, EV-related products, nanomaterials, technologies that support the future, and automotive exteriors and related equipment as priority areas.」
The priority areas for new businesses and products are organized as rubber and resin, EV-related products, nanomaterials, future creation, and automotive exteriors and related equipment. Expansion through the EV-related parts joint venture established in Mexico in March 2024, investments and M&A, and collaboration and co-creation is also described. - FY2023RestatedAnnual report
「We will also continue to expand growth areas based on collaboration and co-creation by building broad networks within and outside the Group, without being bound by fixed ideas, including through investments in companies expected to generate synergies and M&A.」
The company states that it will continue expanding new businesses through investments and M&A, networks within and outside the Group, and collaboration and co-creation. - FY2022AdvancedAnnual report
「Established the joint-venture technology center TPR ARN (Anhui) New Energy R&D Co., Ltd. in Anqing, China.」
A joint-venture technology center was established in the fiscal year ending March 2022 for research and development of new technologies and products, providing a specific means of developing new businesses. - FY2020AdvancedAnnual report
「In April 2020, we established the New Business Development Group to identify seeds from rapidly changing market conditions and further accelerate the creation of new businesses. The aim is to expand growth areas based on collaboration and co-creation by building broad networks within and outside the Group, without being bound by fixed ideas or adhering to a self-sufficient approach.」
The shift away from a self-sufficient approach, collaboration and co-creation with parties inside and outside the Group, and the establishment of the New Business Development Group are presented as specific means of creating new businesses. - FY2020-Q2RestatedAnnual report
「⑤ Sales Expansion and Proactive Business Development」
The basic strategy of the 20 Medium-Term Plan for expanding new businesses and new products is reiterated. - FY2020-Q1ReframedAnnual report
「⑤ Sales Expansion and Proactive Business Development」
The 20 Medium-Term Plan organizes the previous theme of expanding new businesses and new products as sales expansion and proactive business development. - FY2019AdvancedAnnual report
「Revenue for the FALTEC Group increased by ¥3,180 million, or 3.6%, from the previous fiscal year to ¥90,673 million, owing to increased sales of new products and the launch of new vehicle models, among other factors.」
Increased sales of new products and the launch of new vehicle models are emerging as tangible drivers of full-year revenue growth for the FALTEC Group. - FY2019-Q3AdvancedAnnual report
「Revenue was ¥66,794 million, an increase of ¥3,971 million from the same period of the previous year, owing to increased sales of new products, including millimeter-wave radar covers and electrical components, in Japan, as well as the launch of new vehicle models. Segment profit was ¥1,044 million, an increase of ¥1,757 million from the same period of the previous year, owing mainly to the launch of new vehicle models.」
Increased sales of new products, including millimeter-wave radar covers and electrical components, and the launch of new vehicle models are making a tangible contribution to higher revenue and profit for the FALTEC Group. - FY2019-Q2AdvancedAnnual report
「Revenue was ¥43,276 million, an increase of ¥1,480 million from the same period of the previous year, owing to increased sales of new products, including millimeter-wave radar covers and electrical components, in Japan.」
Increased sales of new products continue to make a tangible contribution to higher revenue for the FALTEC Group. - FY2019-Q1AdvancedAnnual report
「Driven by increased sales of new products, including millimeter-wave radar covers and electrical components, in Japan, revenue was ¥20,844 million, an increase of ¥830 million from the same period of the previous year.」
Increased sales of new products, including millimeter-wave radar covers and electrical components, are making a tangible contribution to higher revenue for the FALTEC Group. - FY2018AdvancedAnnual report
「Net sales increased by ¥4,005 million from the previous fiscal year to ¥87,493 million, owing to an increase in domestic vehicle production and higher orders for new products such as millimetre-wave radar covers and electrical components.」
Higher orders for new products such as millimetre-wave radar covers and electrical components are cited for the full year as a factor behind higher revenue at the FALTEC Group. - FY2018-Q3AdvancedAnnual report
「Despite the impact of the Nissan production suspension, sales increased by ¥1,888 million year on year to ¥62,822 million, owing to higher domestic automotive production and increased orders for new products such as millimeter-wave radar covers.」
Higher orders for new products are cited as a specific performance driver, indicating progress in initiatives to develop and expand new products. - FY2018-Q2RestatedAnnual report
「2. Expanding new businesses, developing new products and creating group synergies」
Reiterates the growth initiative based on new businesses, new products and group synergies. - FY2018-Q1RestatedAnnual report
「2. Expanding new businesses, developing new products and creating group synergies」
Reiterates the growth initiative based on new businesses, new products and group synergies. - FY2017-Q1First statedAnnual report
「2. Expanding new businesses, developing new products and creating group synergies」
Presented as a growth initiative combining new businesses, new products and group synergies.